Security Interest Opinion. Xxxxxx Xxxxxx Xxxxxxxx LLP (or such other counsel satisfactory to the Representatives in their reasonable judgment) will have furnished their written opinion, dated the Closing Date, to the Representatives, the Indenture Trustee and Ford Credit, with respect to the security interest of the Trust in the Receivables and such opinion will be in substantially the form previously discussed with the Representatives and their counsel and satisfactory in form and substance to the Representatives and to their counsel in their reasonable judgment.
Security Interest Opinion. Xxxxxx Xxxxxx Xxxxxxxx LLP, special counsel to the Depositor and Ford Credit, will have delivered their written opinion about certain security interest matters.
Security Interest Opinion. Xxxxxx Xxxxxx Rosenman LLP, special counsel to the Depositor and Ford Credit, will have delivered their written opinion about certain security interest matters.
Security Interest Opinion. Counsel to the Transferor shall have delivered to the Administrative Agent and each Funding Agent an opinion of counsel, dated as of the 2018 Amendment Closing Date, with respect to the creation and perfection of the security interest of the Administrative Agent (for the benefit of the Owners) in the Transferred Receivables granted pursuant to this Agreement under the Relevant UCC in substantially the form of the security interest opinion delivered by counsel on the 2017 Amendment Closing Date.
Security Interest Opinion. On or before October 30, in each calendar year, beginning in 2005, ARG will provide an Opinion of Counsel (i) to the effect that either all financing or continuation statements that are necessary to maintain the Lien created by this Indenture in the Collateral and the Lien created by the Leasing Company Indentures in the Collateral (as defined in the Leasing Company Indentures) have been executed and filed or that no such action is required and (ii) describing the execution and filing of any financing statements and continuation statements that will, in the opinion of such counsel, be required to maintain the Lien created by this Indenture in the Collateral and the Lien created by the Leasing Company Indentures in the Collateral (as defined in the Leasing Company Indentures) until October 30 of the following calendar year.
Security Interest Opinion. The Indenture creates a valid security interest in favor of the Trustee for the benefit of the Secured Parties in the Collateral described therein to the extent that a security interest in such items may be created under Article 9 of the New York UCC.
Security Interest Opinion. Skadden, Arps, Slate, Meagher & Flom LLP (or such other counsel satisfactory to the Represenxxxxxxx in xxxir reasonable judgment) will have furnished their written opinion, dated the Closing Date, to the Representatives, the Indenture Trustee and Ford Credit, with respect to the security interest of the Trust in the Receivables (which opinion will state that it may be relied upon by the Indenture Trustee) and such opinion will be in substantially the form previously discussed with the Representatives and their counsel and satisfactory in form and substance to the Representatives and to their counsel in their reasonable judgment.
Security Interest Opinion. (a) The Issuer shall furnish to the Trustee and the Collateral Agent promptly after the Issue Date, an Opinion of Counsel either stating that in the opinion of such counsel (i) this Indenture and the Security Documents have been properly recorded and filed so as to make effective the Lien created hereby and thereby, and reciting the details of such action, or (ii) no such action is necessary to make such Lien effective.
(b) The Issuer shall furnish to the Trustee and the Collateral Agent annually after the Issue Date an Opinion of Counsel either stating that in the opinion of such counsel (i) such action has been taken with respect to the recording, filing, rerecording, and refilling of this Indenture and the Security Documents as is necessary to maintain the Lien hereof and thereof, and reciting the details of such action, or (ii) no such action is necessary to maintain such Lien.
Security Interest Opinion. On or prior to July 20, 2001, the Company ------------------------- shall cause to be delivered to each Buyer the opinion of Fenwick & West LLP in its customary form, dated as of a then current date, which opinion shall be a Delaware UCC opinion as to the perfection under Delaware law of the security interest in the Collateral (as defined in the Security Agreement) after giving effect to the revised Article 9 of the UCC.
Security Interest Opinion. The Company covenants that it will, not later than 120 days after the end of the calendar year ended on December 31, 2008 and after the end of each fifth calendar year (or such shorter period of time as any DCC continuation statement or mortgage continuation statement is required to be filed with respect to the Liens created by the Mortgage and the Security Agreement) thereafter, deliver to Prudential and the Collateral Agent, an opinion of counsel satisfactory to the Required Holder(s) covering the following matters: (i) (a) describing the recordings, filings or VCC continuation statements required to be filed during the calendar year most recently ended in order to maintain the Lien created by the Mortgage and the Security Agreement, and the perfection thereof, and identifying the jurisdictions in which such filings or recordings are required to be made and (b) that the Company has taken such action as was necessary to maintain the Lien created by the Mortgage and the Security Agreement, and the perfection thereof, and reciting the details of such actions, or stating that no such action was necessary to maintain such Lien during such calendar year, (ii)
(a) whether or not any recordings, filings or VCC continuation statements are required to be filed within the then-current calendar year in order to maintain the Lien created by the Mortgage and the Security Agreement, and the perfection thereof, and identifying the jurisdictions in which such filings or recordings are required to be made and (b) either that the Company has taken, or caused or will cause to be taken, such action as is necessary to maintain the Lien created by the Mortgage and the Security Agreement, and the perfection thereof, and reciting the details of such actions, or stating that no such action is necessary to maintain such Lien during such fiscal year."
